Lenders specializing in smaller loans?

[Robert Spencer]

Does anyone know of any lenders who specialize in lower amount long term loans? My city has lower house values than most. I have 3 houses free and clear, but can't find anyone willing to do a mortgage or cash out based on their values. They are between $40,000 and $60,000 per property. There are a few lenders who will do long term financing (like 15 or 30 year), but none that will bother with smaller amounts. This seems silly as lending less means risking less money. They are worth conservatively at least $140,000 all together. You would think someone would lend me half that. Anyone have any leads I might try?